Goldman Sachs on surging US debt - both sides need "more discipline in fiscal spending"
Goldman Sachs CEO Solomon spoke on debt issues earlier this week:Goldman Sachs CEO Solomon says US dollar reserve status is under zero threatGS' Group President John Waldron has reiterated concerns, speaking in an interview with Bloomberg (gated)US government should think that there’s an insatiable appetite for US debt “There’s no evidence we cannot just keep going, but those of us who have been watching this for a long time are worried this is an unsustainable pace”“We need to show more discipline in the system should the US continue to be a great place to invest.” there is a need to stimulate some parts of the economy but, Republicans and Democrats need to find a way to create more discipline in fiscal spending This article was written by Eamonn Sheridan at www.forexlive.com.
Goldman Sachs CEO Solomon spoke on debt issues earlier this week:
GS' Group President John Waldron has reiterated concerns, speaking in an interview with Bloomberg (gated)
- US government should think that there’s an insatiable appetite for US debt
- “There’s no evidence we cannot just keep going, but those of us who have been watching this for a long time are worried this is an unsustainable pace”
- “We need to show more discipline in the system should the US continue to be a great place to invest.”
- there is a need to stimulate some parts of the economy but, Republicans and Democrats need to find a way to create more discipline in fiscal spending
